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Former Member
Aug 11, 2009 at 11:27 AM

Service tax on sales based rent

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Dear Friends,

In my lease rental contract, i want to capture sales based rent and service tax on sales based rent. Under the sales based rent agreement tab, I first create a reporting rule and two sales rules, One for the sales based rent and another for service tax. Sales based rent condition is chosen with calculation formula sales based rent. But for service tax condition type, the calculation formula is chosen as % share of condition and the value in % is put. When the contract is processed for sales based settlement, only the value of the sales based rent is shown as a single line item and not the service tax. Please suggest how to capture the value of the service tax also as a second line item during settlement.

Will peak sales rule be of any use? If yes please suggest how.

Regards